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Comment for Proposed Rule 75 FR 3281

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  • From:
    Organization(s):
     AA Power Equipment Inc

    Comment No: 2832
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02832
    From:
    Sent:
    To:
    Subject:
    AA Power Equipment
    Friday, January 22, 2010 4:08 PM
    secretary
    Comment on the proposed regulations on currency trading leverage
    The proposed regulations states:
    "to collect security deposits in a minimum amount in order to prudentially limit the leverage available to
    their retail customers on such transactions at 10 to 1"
    I believe that you should be given the freedom to choose the appropriate amount of leverage for your
    individual trading style and risk tolerance. To move it from 100:1 to 10:1 is ridiculous and is
    unreasonable regulation where you are punishing the many people who know how to manage their
    leverage purposefully for the ignorance of a few. Please keep the leverage at 100:1. Thank you.
    AA Power Equipment, Inc.
    Sales and Service
    of Lawn Equipment
    www.aapower.net
    (770) 518-4330